EASY
IBPS PO Mains
IMPORTANT
Earn 100
Consider the following statements:
I. In call money market, funds are borrowed and lent for one day and for a period of up to 14 days without any collateral security.
II. Ways and Means Advances are made the commercial banks to maintain mandatory reserves.
IlI. Treasury Bills are promissory notes issued by State Governments for fixed period extending up to one year.
Which of the above statement/s is/are correct?
18.18% studentsanswered this correctly
Important Questions on Banking Knowledge & General Awareness
EASY
IBPS PO Mains
IMPORTANT
Consider the following statement/s about ‘Open Market Operations’ is/are true:
I. ‘Open Market Operation’ stands for the purchase and sale of government securities by the RBI from/to the public and banks.
II. The RBI buys all the unsold stock new government loans at the end of the subscription period.
III. Such purchases of the government securities by the RBI constitute only an internal arrangement and are not genuine market purchases.
EASY
IBPS PO Mains
IMPORTANT
When the Reserve-Bank says that the Rupee is over-valued, it means _____.
EASY
IBPS PO Mains
IMPORTANT
RBI’s open market operation transactions are carried out with a view to regulate _____.
EASY
IBPS PO Mains
IMPORTANT
The bank rate means _____.
EASY
IBPS PO Mains
IMPORTANT
What is an Indian Depository Receipt?
EASY
IBPS PO Mains
IMPORTANT
An instrument that derives its value from a specified underlying currency, gold, stocks etc, is known as _____.
MEDIUM
IBPS PO Mains
IMPORTANT
Reverse repo means _____.
EASY
IBPS PO Mains
IMPORTANT
Currency Swap is an instrument to manage _____.
